Tax Appeal on Rental Property in NJ

[Eric Jacob]

Hello, BP! As a rental property owner, is it possible to do a tax appeal on your property for the next tax year? I had recently heard from a source that it was only possible to file for an appeal if the house is owner occupied.

Thanks!

[Johann Jells]

Owner occupancy has nothing to do with it, appeal deadline is usually April.  There's tons of law firms that do appeals on contingency, so it will cost you a portion of what you save.  I was successful reducing the tax by a couple thousand dollars on one property a few years ago doing it DIY, but my comps for another were bad and got nothing.

https://www.state.nj.us/treasury/taxation/pdf/lpt/ptappeal.pdf